Joby Aviation (NYSE: JOBY) grants RSU award to senior executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Papadopoulos Didier reported acquisition or exercise transactions in this Form 4 filing.
Joby Aviation, Inc. reported that its President of Aircraft OEM, Didier Papadopoulos, received a grant of 22,529 restricted stock units (RSUs). These RSUs were awarded as equity compensation and are tied to company performance goals.
Between 0% and 200% of this RSU award will vest on March 22, 2027, based on the achievement of specified company performance objectives and Mr. Papadopoulos’ continued service through the vesting date. Each RSU represents a contingent right to receive up to two shares of Joby Aviation common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Papadopoulos Didier
Role
President of Aircraft OEM
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSUs) | 22,529 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 22,529 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Joby Aviation (JOBY) report for Didier Papadopoulos?
Joby Aviation reported that President of Aircraft OEM Didier Papadopoulos received 22,529 restricted stock units. The award is equity-based compensation that may convert into Joby common shares in the future, depending on performance and continued service conditions.
When do the new RSUs granted to the Joby Aviation (JOBY) executive vest?
The RSUs granted to Joby Aviation’s President of Aircraft OEM are scheduled to vest on March 22, 2027. Actual vesting will depend on company performance objectives and whether the executive remains in service through that vesting date.
Are the Joby Aviation (JOBY) RSUs granted to Didier Papadopoulos performance-based?
Yes. Between 0% and 200% of the 22,529 RSUs will vest based on company performance objectives. The executive must also remain in service through March 22, 2027, for any portion of the award to vest and potentially convert into common shares.
Is the Joby Aviation (JOBY) Form 4 transaction a market purchase or sale?
The Form 4 shows an acquisition through a grant of restricted stock units, not a market trade. It is classified as a grant or award acquisition and reflects equity compensation rather than an open-market purchase or sale of Joby Aviation shares.